The estate tax is a tax that is levied on all property that is declared in a deceased person’s will. The tax is also known as the “inheritance tax” or “death tax.” Proponents of the tax argue that more estates should be subject to the tax and the threshold should be lowered. Opponents of the tax argue that people who have paid income taxes their entire life should not be subject to another tax when they die.
Eliminate it for those with a net worth under five million raise it on everyone over five million
Not familiar enough with this
Tax it as ordinary income in lieu of a special tax as a category.
Deleted1mo
My idea on estates is once a house is paid for, when vacated for whatever reason, new occupants should pay a maintenance fee
and yearly taxes based on square footage to bank monthly, as once house is paid for shouldn't keep paying for what's already paid for This would eliminate ( if occupants want to make changes must get city and banks approval, at their own expense,)equity,and borrowing against house. Banks real estate insurance would be required to maintain house with payments received. Theory is if house maintenance up to date no slums.
Reform to a flat tax system. All gains, regardless of source, should be taxed the same.
Eliminate the current tax system in favor of a single land tax.
Do not have enough information to form an opinion.
Yes, it should be eliminated and reformed with a national flat tax.
yes, but only for the rich
Yes, and apply a rate in proportion to value for all estates
I am unfamiliar with the issue
it should progressively increase as the value of the estate grows higher. (small estate - no tax, medium - 10 to 20 percent - large, up to 45 percent
people should be able to pay for their estate at a price they can manage based on their budget and living environment
I do not understand this enough to have an opinion on it
Yes, but slightly enough so that's an agreeable amount.
yes but depending on the property
I simply do not care
No. It mainly affects very wealthy families.
Yes, taxes have already been paid on the money
I don't really have a say on this.
No, and reduce the threshold to be taxed
I am uneducated on this issue.
Yes, and decrease the estate exemption
Yes, but only down to $4.75 million.
Yes, but only on property
Yes, this money has already been taxed and is a punishment for being financially successful.
Yes, decrease estate tax, but lower thershold to 5 million.
Move to a form of funding that is voluntary that the people have full control over and abolish all taxation.
It should be increased to 45% and should effect estates above $3 million.
Only after a significant decrease in the national debt.
Increase for the wealthy, decrease for the poor
Property shouldn’t be owned.
No, and increase it at a progressive rate, but only for large multi-national corporations and the wealthiest of American Society and remove all deductions & Loopholes and Enforce It.
The estate tax should be replaced with an estate cap of a reasonably conceived amount, designed to only give inheritors what they could reasonably need or use.
Yes, and I am a strong advocate of 100% estate tax
No, and base taxable market value of estate items on potential value due to person's fame.
Yes, but also increase tax rate for the wealthy.
Yes, but only if the the person getting the inheritance earns less than 50k a year.
Yes, and eliminate on working class individuals
I think it's fine where it's at.
uneducated, cannot answer
Depends on your state.
there should be no monetary currency system.
they are dead, leave them alone and their money to the heirs
Abolish it, the money was earned by the deceased for their family, the government has no right to take a penny of it
Should be based on value of house
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